CIEN watch $72 then 76: Serious Resistance zones that cause dip

5月2日

CIEN coming back ferociously from the tariff bottom.
About to break second Major Resistance, one more to go.
Very likely to see a dip from one of these major zones.

$71.88-72.53 is the immediate resistance breaking
$75.93-76.30 is the next resistance to try shorting.
$68.77-69.37 is the first support in case of a dip.

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5月27日

交易進行

Houston: We have IGNITION

(yellow shaded area is from posting time)

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Closer look with notes:

Tried a break out entry that failed for small loss.
Got a Bull Ping on fib at $71.88, entered on break.
Closed 25% at TP1 for 4% gain, covering the loss.
Closed another 25% at TP2 for 11% gain on trade.

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What next?

Looking for TP3 at $86.56 and TP4 at $88.48
Will close 25% at each if we can get to them.
Trailing stop now, keep it one fib behind the price.

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See if we can hit the next two TP's before hitting SL.
Nice gains already, a little more even if SL is hit .

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6月5日

交易結束：目標達成

BOOM - Final Target HIT
Per last update, we were looking for Golden Genesis at $68.48
Earnings spike hit our target (lmite sells) and collapsed.

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Another trade closed with PERFECT Entry and Exit.

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